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USD/MXN
USD MXN
- MXN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDMXN
ISIN:

USD/MXN - 15 min. - Technical analysis published on 04/12/2024 (GMT)

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Londinia
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 16.6131 MXN
My targets
16.6804 MXN (+0.0332)
16.8374 MXN (+0.1902)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on USD/MXN. As long as you are above the support located at 16.6131 MXN, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 16.6804 MXN would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 16.8374 MXN as an objective. Crossing it would then enable buyers to target 17.0411 MXN. If the support 16.6131 MXN were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

stebetrade
This analysis was given by stebetrade. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

USD/MXN rating 16.6472 MXN. The price has increased by +1.25% since the last closing with the lowest point at 16.4264 MXN and the highest point at 16.7457 MXN. The deviation from the price is +1.34% for the low point and -0.59% for the high point.

16.4264
16.7457
16.6472

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by USD/MXN:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of USD/MXN indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.4403 16.4930 16.6188 16.6472 16.6804 17.0411 17.8427
Change (%) -1.24% -0.93% -0.17% - +0.20% +2.37% +7.18%
Change -0.2069 -0.1542 -0.0284 - +0.0332 +0.3939 +1.1955
Level Minor Intermediate Intermediate - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.264516.319716.380716.435916.496916.552116.6131
Camarilla16.409816.420416.431116.441716.452416.463016.4737
Woodie16.267416.321216.383616.437416.499816.553616.6160
Fibonacci16.319716.364116.391516.435916.480316.507716.5521


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.133616.287016.368216.521616.602816.756216.8374
Camarilla16.385016.406516.428016.449516.471016.492516.5140
Woodie16.097616.269016.332216.503616.566816.738216.8014
Fibonacci16.287016.376616.432016.521616.611216.666616.7562


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.805916.158616.355316.708016.904717.257417.4541
Camarilla16.400916.451316.501616.552016.602416.652716.7031
Woodie15.727916.119616.277316.669016.826717.218417.3761
Fibonacci16.158616.368516.498116.708016.917917.047517.2574

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 53.08
MACD (12,26,9): 0.0123
Directional Movement: 2.9906
AROON (14): -35.7143
DEMA (21): 16.6730
Parabolic SAR (0,02-0,02-0,2): 16.6134
Elder Ray (13): -0.0059
Super Trend (3,10): 16.6143
Zig ZAG (10): 16.6493
VORTEX (21): 0.9118
Stochastique (14,3,5): 59.15
TEMA (21): 16.6565
Williams %R (14): -42.20
Chande Momentum Oscillator (20): -0.0133
Repulse (5,40,3): -0.0026
ROCnROLL: -1
TRIX (15,9): 0.0163
Courbe Coppock: 0.13
MA7: 16.4709
MA20: 16.5950
MA50: 16.8341
MA100: 16.9873
MAexp7: 16.6569
MAexp20: 16.6524
MAexp50: 16.6069
MAexp100: 16.5526
Price / MA7: +1.07%
Price / MA20: +0.31%
Price / MA50: -1.11%
Price / MA100: -2.00%
Price / MAexp7: -0.06%
Price / MAexp20: -0.03%
Price / MAexp50: +0.24%
Price / MAexp100: +0.57%

Quotes : - Real time data - Forex

News


The last news published on USD/MXN at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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